U.S. Golf Bag Market Size & Outlook, 2023-2030

The golf bag market in the United States is expected to reach a projected revenue of US$ 822.1 million by 2030. A compound annual growth rate of 8.4% is expected of the United States golf bag market from 2024 to 2030.
Revenue, 2023 (US$M)
$468.7
Forecast, 2030 (US$M)
$822.1
CAGR, 2024 - 2030
8.4%
Report Coverage
U.S.

U.S. golf bag market highlights

  • The U.S. golf bag market generated a revenue of USD 468.7 million in 2023 and is expected to reach USD 822.1 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
  • In terms of segment, cart/trolley bag was the largest revenue generating product in 2023.
  • Tour Bag is the most lucrative product segment registering the fastest growth during the forecast period.


Golf bag market data book summary

Market revenue in 2023USD 468.7 million
Market revenue in 2030USD 822.1 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentCart/trolley bag
Fastest growing segmentTour Bag
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCart/Trolley Bag, Stand/Carry Bag, Tour Bag, Travel Bag, Pencil Bag
Key market players worldwideAcushnet Holdings Corp, Topgolf Callaway Brands Corp, TaylorMade Golf, Ping An Insurance (Group) Co. of China Ltd ADR, Mizuno Corp, Puma SE, Amer Sports Inc


Other key industry trends

  • In terms of revenue, U.S. accounted for 37.8% of the global golf bag market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. golf bag market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 203.7 million by 2030.

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Golf Bag Market Companies

Name Profile # Employees HQ Website

U.S. golf bag market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to golf bag market will help companies and investors design strategic landscapes.


Cart/trolley bag was the largest segment with a revenue share of 38.36% in 2023. Horizon Databook has segmented the U.S. golf bag market based on cart/trolley bag, stand/carry bag, tour bag, travel bag, pencil bag covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. golf bag market , including forecasts for subscribers. This country databook contains high-level insights into U.S. golf bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. golf bag market size, by product, 2018-2030 (US$M)

U.S. Golf Bag Market Outlook Share, 2023 & 2030 (US$M)

U.S. golf bag market size, by product, 2018-2030 (US$M)

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